2013: Year of the Flood

At $40 billion, insured losses were well below the 10-year average of $60 billion.

INN Breaking News, February 13, 2014

Chris McMahon

Insured losses from natural catastrophes and man-made disasters totaled $40 billion in 2013, well below the ten-year average of $60 billion, according to 2013 Catastrophe Review, from Guy Carpenter & Co., a provider of risk and reinsurance intermediary services.

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